Great Wall taps Korea's POSCO for high-strength steel, technical support
Pohang Iron and Steel Co., Korea's largest steel maker, will work with Great Wall Motor Co. to develop steel products for the Chinese automaker.
Under a partnership deal signed last week, Pohang Iron and Steel, or POSCO, will develop high-strength steel for Great Wall's vehicles and help the automaker use new hot pressing and hydraulic forming technology, Great Wall said in a statement.
In addition, the Korean steel maker will provide technical support for vehicles under development at Great Wall.
Great Wall is China's largest SUV and pickup manufacturer. Last year, the company sold more than 365,000 vehicles.